Delaware Investments Minnesota Municipal Income Fund Ii, INC: directors' dealings · United States · SEC (Form 4)

About Delaware Investments Minnesota Municipal Income Fund Ii, INC

Delaware Investments Minnesota Municipal Income Fund II, Inc. (ticker: VMM) was a U.S.-listed closed-end management investment company focused on municipal bonds. Its stated objective was to provide current income exempt from U.S. federal income tax and, where applicable, from Minnesota state personal income tax, while preserving capital. For investors, this is best understood not as an operating company with products and revenue lines, but as a specialized fixed-income vehicle whose results were driven primarily by interest-rate trends, municipal credit quality, leverage costs, and the tax-exempt bond market. ([sec.gov](https://www.sec.gov/Archives/edgar/data/0000895574/000120677413002092/dinatlmuniincomefund_ncsr.htm?utm_source=openai)) The fund was organized under Minnesota law and maintained its principal place of business in Philadelphia, Pennsylvania, at 100 Independence, 610 Market Street, Philadelphia, PA 19106-2354, United States. It sat within the broader Delaware Funds by Macquarie platform and was managed by Delaware Management Company. Strategically, VMM occupied a niche position in the U.S. municipal closed-end fund universe: it targeted investment-grade municipal obligations, with a strong Minnesota emphasis, aiming to deliver tax-advantaged income to shareholders. In practical terms, its competitive edge came from portfolio construction, duration management, credit research, and the ability to sustain distributions in a market where yield, liquidity, and borrowing costs matter materially. ([sec.gov](https://www.sec.gov/Archives/edgar/data/895658/000113743921000726/20210812vfl425.htm?utm_source=openai)) VMM was listed in the United States on NYSE American, which is relevant for investors following SEC filings and insider transaction disclosures. Although the company is no longer an active standalone fund following its reorganization, the historical listing context remains important for screening tools, capital-market databases, and SEC-based analysis. For French-speaking investors, the key takeaway is that VMM belongs to the U.S. tax-exempt municipal bond segment rather than to a growth or industrial equity universe. ([sec.gov](https://www.sec.gov/Archives/edgar/data/895574/000113743922000061/vmm425012022.htm?utm_source=openai)) The most important recent corporate event was the approved reorganization of VMM into Delaware Investments National Municipal Income Fund (VFL). In 2021, the boards of the relevant funds approved the transaction, and SEC materials indicate the acquisition and subsequent dissolution of the acquired funds were expected to close in February 2022. Later SEC reporting confirms that the reorganization was completed and that VMM’s legacy assets and liabilities were folded into the successor structure. As a result, there is no meaningful recent operating news in the sense of earnings releases or product launches; the major story is fund consolidation and platform rationalization. ([sec.gov](https://www.sec.gov/Archives/edgar/data/895574/000113743922000061/vmm425012022.htm?utm_source=openai)) In summary, VMM was a Minnesota-focused municipal closed-end fund in the U.S. market, designed for tax-exempt income generation, managed from Philadelphia, and ultimately absorbed in a broader municipal fund reorganization. ([sec.gov](https://www.sec.gov/Archives/edgar/data/895658/000113743921000726/20210812vfl425.htm?utm_source=openai))